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Temasek leads $50m funding in Chinese container truck fleet operator Duckbill Photo: Duckbill March 17, 2021 Singapore state investor Temasek Holdings Limited has led a $50 million new funding in the Shanghai-based container truck fleet operator Duckbill Inc, according to a company statement on Tuesday. The fresh funding, which the company claims is the largest single fundraising in the industry in China, brings the total corpus raised by Duckbill to nearly $100 million. The latest round was joined by Pavilion Capital, a Singapore-based, growth-stage venture investor that targets companies in the US and Asia. Returning investor Future Capital also made a follow-on investment. Duckbill will continue to align its R&D capacity with new generation logistics management systems, while it also plans to facilitate its digital transport networks, it said after the fundraising. ....